iRhythm (IRTC) CBO and CLO receives 7,024 RSU equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Murphy Patrick Michael reported acquisition or exercise transactions in this Form 4 filing.
iRhythm Holdings executive Patrick Michael Murphy, the company’s CBO and CLO, received an equity award covering 7,024 shares of common stock in the form of Restricted Stock Units (RSUs). Each RSU represents a right to receive one share of common stock at vesting.
According to the filing, 25% of the RSUs vest on March 1, 2027, with an additional 25% vesting on each one-year anniversary thereafter, as long as he continues as a service provider through each vesting date. Following this grant, he holds 67,560 shares of common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Murphy Patrick Michael
Role
CBO and CLO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 7,024 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 67,560 shares (Direct)
Footnotes (1)
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FAQ
What did iRhythm Holdings (IRTC) executive Patrick Michael Murphy report on this Form 4?
He reported an equity award of 7,024 Restricted Stock Units, each representing one share of common stock. The grant increases his direct holdings to 67,560 shares, reflecting time-based compensation tied to continued service at iRhythm Holdings.
How many iRhythm Holdings (IRTC) RSUs were granted to Patrick Michael Murphy?
He received 7,024 Restricted Stock Units, each convertible into one share of common stock upon vesting. This award is a form of stock-based compensation and does not involve a cash purchase, as the transaction price per share is recorded as 0.0000.
What is the vesting schedule for Patrick Michael Murphy’s new iRhythm (IRTC) RSUs?
Twenty-five percent of the RSUs vest on March 1, 2027, with the remaining 75% vesting in equal 25% installments on each one-year anniversary afterward. Vesting requires that he continue as a service provider through each applicable vesting date.
Was Patrick Michael Murphy buying or selling iRhythm (IRTC) stock in this filing?
He was not buying or selling shares on the open market. The Form 4 shows an acquisition coded as a grant or award of 7,024 Restricted Stock Units, which is stock-based compensation subject to future vesting conditions rather than a cash transaction.